AUD/USD daily- Testing overhead resistance.
-4 HOUR SUPPLY ZONE -EXPECTING 15 PIP RETRACEMENT -DOUBLE TOP ON 30 MIN TIME FRAME
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7075). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7075). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDUSD is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. ....
Hello Traders ! Today we have a nice trading day ! USD is weak and most of the pairs like GBP/USD , AUD/USD are all the way up ! This could be change when US Stock Market will open up . For today I will bring you this trade, a short idea in my opinion and I tell you why AUDNZD entered in this low area in November 2018 and stay there, try several times to...
So price broke out of the Wave 4(ABCDE) pattern it seems. If you missed getting into this long early there may still be a conservative entry around 72.64. When price reaches the prior high, a lot of shorts may be picked up with people betting on a double top situation, that could push price down to the 72.64 area, which is a spot with a couple important Fib...
Daily structure reached a Double-Top formation, RSI in overbought conditions. Low Risk, High Reward trade
AUDJPY sell stop 73.188 SL 76.028 TP 67.516 R= 284.0 pips If price reaches 70.357, move SL to 72.630
EURAUD buy stop 1.65530 SL 1.61444 TP 1.73714 R= 408.6 pips If price reaches 1.69603, move SL to 1.66360
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
As you may see on the chart that 2 harmonic patterns with reciprocal AB=CD have been completed at the same area. This is also a strong rally/base/rally demand zone with 4h & 1h bullish engulfings. Good luck all.
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Hi traders , i hope you are all having a good trading week ; I'm more interesting on AUD pairs this week and the next week , here is the AUDNZD analysis . I usally don't talk too much about my Analysis to let you observe the chart and make your own decisions . Have a great week folks and good luck .
This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below! Let’s make some money together!
Selling the pair because: - The pattern (in yellow) broke this morning EU time to the downside - Price failed to stay above the daily pivot level @ 1.63390 - Price is below all EMAs I am taking advantage of EUR overall weakness and AUD strength on H1, H4 and D, to sell the pair. My target will be the previous support as shown in my chart, around 1.61760...
BUY 75.223 - 75.431 Add to Watch List Signal ID: 72602 Time Issued: Tuesday, 21 July 2020 05:00:18 GMT Status: open Entry: 75.223 - 75.431 Limit: N/A Stop Loss: 74.912 The Tidal Shift Strategy has just bought AUDJPY at 75.327. The system recommends entering this trade at any price between 75.223 and 75.431. The signal was issued because our Speculative Sentiment...
GBPAUD bUY AT 1.80400 aim for 1.82000 stops set at 1.79200 on daily timeframe.